KECL

Kirloskar Electric Company financials

Market cap
₹825 Cr
Sector
Capital Goods

What Kirloskar Electric Company Limited does

Kirloskar Electric Company manufactures electrical equipment organised into four product groups: transformer and distribution, large machines, low-voltage machines, and power generation. It supplies motors, alternators, generators, transformers and diesel-generator (DG) sets to industrial customers, PSUs and EPC contractors in India and overseas, and is one of the leading Indian manufacturers of motors used in electric vehicles. Products are tailor-made/customised to customer specifications rather than sold off-the-shelf.

Segments

  • Transformer and Distribution group
  • Large Machine group
  • Low Voltage Machine group
  • Power Generation group
Manufacturing plants
5 (Bengaluru/Nelamangala, Hubballi, Mysore, Tumkur, Pune)
Core product groups
4 (transformer & distribution, large machines, low-voltage machines, power generation)
Group structure
4 wholly-owned subsidiaries, 1 step-down subsidiary, 1 associate company, 1 joint venture
Overseas equity holdings
Kirloskar (Malaysia) SDN BHD; Kirsons Trading Pte Ltd
Founded 1946Headquarters Bengaluru, Karnataka, India Company website

Quarterly results

Q1 FY27: revenue down 21.5%, net profit down 968.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue161 120 129 132 142 −12%151 +26%164 +27%104 −21%
EBITDA0 8 12 7 6 +10633%16 +98%6 −45%-0 −105%
Net profit5 3 7 1 6 +20%4 +42%-1 −109%-6 −968%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +2.0% 1Y

₹80₹100₹120₹140Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹121.81 on 10 Sept 2025 → ₹124.21. High ₹150.21 (5 Aug 2026), low ₹77.31 (23 Jan 2026).

Financials, as filed

Revenue grew 7.6% a year over 3 years, FY23 to FY26. Operating margin narrowed to 6.0%.

Year endingFY23FY24FY25FY26
Revenue₹474 Cr₹557 Cr₹544 Cr₹589 Cr
Operating profit₹36 Cr₹37 Cr₹29 Cr₹36 Cr
Operating margin7.7%6.6%5.3%6.0%
Interest₹22 Cr₹25 Cr₹23 Cr₹25 Cr
Depreciation₹5 Cr₹5 Cr₹5 Cr₹4 Cr
Net profit₹31 Cr₹15 Cr₹17 Cr₹11 Cr
Net margin6.6%2.7%3.2%1.8%
Cash from operations₹10 Cr₹36 Cr₹48 Cr₹26 Cr
Free cash flow₹8 Cr₹34 Cr₹44 Cr₹37 Cr
ROCE19.0%17.0%9.0%15.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹66 Cr₹66 Cr₹66 Cr₹66 Cr₹66 Cr₹66 Cr
Reserves₹3 Cr₹37 Cr₹47 Cr₹39 Cr₹59 Cr₹66 Cr
Borrowings₹170 Cr₹133 Cr₹125 Cr₹118 Cr₹104 Cr₹100 Cr
Other liabilities₹400 Cr₹392 Cr₹383 Cr₹426 Cr₹379 Cr₹402 Cr
Total liabilities₹640 Cr₹628 Cr₹622 Cr₹649 Cr₹609 Cr₹635 Cr
Fixed assets₹481 Cr₹442 Cr₹439 Cr₹438 Cr₹434 Cr₹432 Cr
Capital work in progress₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹3 Cr₹5 Cr
Investments₹10 Cr₹10 Cr₹10 Cr₹11 Cr₹2 Cr₹2 Cr
Other assets₹148 Cr₹176 Cr₹171 Cr₹200 Cr₹170 Cr₹196 Cr
Total assets₹640 Cr₹628 Cr₹622 Cr₹649 Cr₹609 Cr₹635 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public trimmed −0.42 pp while FIIs added +0.21 pp. The shareholder count shrank 7% to 82,178.

Promoters
49.7%
FIIs
4.1%
DIIs
1.3%
Public
44.9%

Since Jun 2025

  • Public −0.42 pp
  • FIIs +0.21 pp
  • Promoters +0.14 pp

How it drifted, 12 quarters

Over this window DIIs fell from 2.3% to 1.3% — −1.0 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 49.5%, FIIs 3.8%, DIIs 2.3%, Public 44.4%.Dec '23: Promoters 49.5%, FIIs 3.8%, DIIs 2.1%, Public 44.5%.Mar '24: Promoters 49.5%, FIIs 3.9%, DIIs 1.7%, Public 44.9%.Jun '24: Promoters 49.5%, FIIs 4.2%, DIIs 1.6%, Public 44.7%.Sep '24: Promoters 49.5%, FIIs 4.0%, DIIs 1.4%, Public 45.0%.Dec '24: Promoters 49.6%, FIIs 4.3%, DIIs 1.2%, Public 44.9%.Mar '25: Promoters 49.6%, FIIs 4.0%, DIIs 1.2%, Public 45.2%.Jun '25: Promoters 49.6%, FIIs 3.9%, DIIs 1.2%, Public 45.4%.Sep '25: Promoters 49.6%, FIIs 4.0%, DIIs 1.2%, Public 45.2%.Dec '25: Promoters 49.6%, FIIs 3.9%, DIIs 1.2%, Public 45.3%.Mar '26: Promoters 49.7%, FIIs 4.0%, DIIs 1.2%, Public 45.0%.Jun '26: Promoters 49.7%, FIIs 4.1%, DIIs 1.3%, Public 44.9%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Kirloskar Electric Company Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Vijay Ravindra Kirloskar 18.13%unchanged
Abhiman Trading Company Private Limited 7.86%unchanged
Vijayjyothi Investments And Agencies Private Limited 6.43%unchanged
Vijay Farms Private Limited 5.33%unchanged
Vijaykirti Investments And Agencies Private Limited 4.61%unchanged
Ajay Upadhyaya 4.52%unchanged
M/S. Hawker Siddeley Management Ltd. FPI fund2.85%unchanged
Sri Vijayadurga Investments And Agencies Private Limited 2.67%unchanged
VIMRAJ ENTERPRISES LLP (Formerly known as Vimraj Enterprises Private Limited) 2.42%unchanged
Barclays Wealth Trustees India Private Limited 1.81%newly disclosed
Kirloskar Power Equipments Limited 1.73%unchanged
Life Insurance Corporation Of India Insurer1.14%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Kirloskar Electric Company Limited

Guides on how to read this kind of business and the numbers that matter.